The 2023 state budget does not tighten belts and does not cut social costs, Bulgaria’s Minister of Finance Assen Vassilev said for the BNR. We manage to collect taxes and maintain social spending without raising taxes. We inherited from the caretaker cabinet a deficit of EUR 600 million at the end of May, and in June there is a surplus of EUR 100 million, Assen Vassilev explained.
The targeted GDP growth of 1.8% will be achieved. There are no concerns that the budget deficit will exceed 3%. "The budget framework is going to withstand unless a second Chernobyl happens at the Zaporizhzhia NPP. Any requests for wage increases lead to new demands. Money should not be poured into unreformed sectors. If MPs support pay rises in some sectors, that is their decision”, Minister Vassilev added.
A new draft law on the state budget for 2025 will be submitted to the Council of Ministers by 14 February, along with draft laws on the budget of the National Health Insurance Fund and the State Social Insurance Fund. This was promised by Finance Minister..
During the night, the cloud cover will be significant. There will be fog in many places in the plains and valleys. The weather will be almost calm in most regions. There will be moderate southerly and southwesterly winds in Eastern Bulgaria and north..
Scientists from the Bulgarian Academy of Sciences (BAS) presented facts refuting speculations in Serbia that challenge the national identity of Bulgarians in the Western Outlands. In mid-January, our compatriots there sent a letter to Serbian..
Bulgarian exports to the USA in 2023 are worth 1.1 billion dollars, and number 1 on the export list with a share of nearly 19 percent are "coins that..
Swedish authorities have detained a ship suspected of sabotaging an undersea fiber optic cable in the Baltic Sea. The ship is the Bulgarian vessel..
On Monday, a section of the international road E-75 in Serbia will be blocked, the situation center of the Ministry of Foreign Affairs..
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